US Treasury Secretary Steven Mnuchin said on Wednesday that the United States and China were close to a trade deal, CNBC reported.

“We were about 90% of the way there (with a deal) and I think there’s a path to complete this,” Mnuchin said in an interview to the news channel.

U.S. President Donald Trump and his Chinese counterpart Xi Jinping will meet this week at the G20 summit in Japan hoping to calm their 11-month trade war.

Separately, in comments on recent U.S. sanctions on Iran, Mnuchin said he believes the sanctions “are working”.





READ SOURCE

READ  Sugar offtake to rise in May and June 2019, says ICRA

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here